HBCU ORIGINAL
Florida A&M Receives Record $237 Million Gift During Commencement

Florida A&M University has received a $237.75 million gift from the Issac Batterson 7th Family Trust and Gregory Gerami, the founder and CEO of Batterson Farms Corp, a Texas-based industrial hemp business.
The gift, the largest in Florida A&M’s 136-year history, was presented to FAMU President Larry Robinson at one of the university’s commencement ceremonies on May 4. You can watch the moment the gift was made here.
FAMU said it will use the gift to support various academic initiatives, student success programs and its athletics program. It is almost double the size of the university’s current endowment of $121 million.
With an enrollment of about 10,000 students, Florida A&M, located in Tallahassee, Florida, is one of the nation’s leading Historically Black Colleges and Universities (HBCUs). The new gift would appear to also be the largest donation ever made to an HBCU, eclipsing the prior record established in January when Spelman College announced receiving a $100 million gift.
“This gift is breathtaking in its generosity and its scope,” said Robinson in a news release. “It changes the narrative about what is possible for FAMU. I cannot thank Gregory Gerami and the Issac Batterson 7th Family Trust enough. Their names are now etched into the annals of Florida A&M University in perpetuity.”
According to the university, Gerami reached out to FAMU officials last fall to discuss the possibility of making a sizable donation. Gerami believed that FAMU’s mission and research capabilities, especially in the area of hemp production, were strongly aligned with his own company’s emphasis and direction.
“FAMU has become like a family to our Trust, our company and to me. Our morals and our mission are in line with FAMU and FAMU’s mission,” said Gerami, in the press release. He emphasized his commitment to the university’s sustainability and growth. “It’s also about making sure that we set FAMU on the path to being the top HBCU in this country.”
Gregory Gerami achieved his business success despite a childhood of adversity, including being born with opiate addiction. After starting a small lawn care business, he eventually branched out and founded the Batterson Farms Corp, a hydroponic farming and hemp plastic company, in 2021.
In recognition of Gerami’s history of physical and health challenges, which are detailed in a biography on the Batterson Farms website, Florida A&M will use a portion of his gift to enhance its Center for Disability Access and Resources, which serves about 700 students. Center director Deborah Sullivan said the donation would increase the center’s ability to offer more programs and services on campus.
“The impact is just tremendous because we are not a department that often gets gifts like this. Alumni tend to give to their school or to athletics, but the Office of Disability Services doesn’t necessarily get recognized with monetary gifts like this and, especially, this magnitude,” said Sullivan.
As expected, some individuals in the public are and will continue researching Mr. Gerami. Please know that FAMU has done its due diligence when it comes to this matter. Additionally, Mr. Gerami has and continues to do his own due diligence on things that have been and are happening at FAMU.
While a non-disclosure agreement (NDA) we signed prevents us from disclosing many details, as was reported on May 4 – Mr. Gerami transferred $237,750,000 worth of stocks into our account last month. Mr. Gerami’s $237,750,000 stock transfer was received in the same manner in which we have accepted all other stocks donated to the University through the FAMU Foundation Inc. As with any non-cash gift received, such as cryptocurrency, real estate, and stocks, it will be converted to cash and recorded appropriately.
Gerami is quoted in the May 7 Tallahassee Democrat as saying, “The stocks have been held by the university for over a month now, so I don’t know where the confusion or the skepticism would be since it’s already in a financial account with the university.”
But the doubts still linger even within the FAMU community. On May 7, in a highly unusual move, Deveron Gibbons, the vice chair of FAMU’s Board of Trustees, called for a public “emergency meeting” of the board so it could give more scrutiny to the gift, according to the Tallahassee Democrat. “A donation of this nature requires the highest degree of transparency and inquiry, and to this point that has not occurred,” Gibbons is reported to have said in a statement.
FORBES MAGAZINE
Campus
Tennessee State University Secures $96M Financial Lifeline with State Support

Tennessee State University (TSU), the state’s only publicly funded historically Black land-grant university, has signed a landmark agreement with the state of Tennessee to stabilize its financial future.
After months of uncertainty and scrutiny over budget shortfalls and rising operational costs, TSU and state officials finalized a memorandum of understanding (MOU) on Tuesday that allows the university to redirect $96 million in previously earmarked capital improvement funds toward operations over the next three years.
This move comes just days after TSU’s Board of Trustees approved a 6% tuition and fee increase for the upcoming academic year, amounting to a $270 bump per semester for students.
The MOU, signed in partnership with the Tennessee Department of Finance and Administration and the State Comptroller’s Office, activates a new state law that permits TSU to repurpose unspent capital funds for operational costs—under strict conditions. Originally, the state allocated $250 million to TSU for campus infrastructure improvements, excluding dormitory projects, despite TSU’s well-documented student housing crisis.
Under the new agreement, $55 million of the original capital funds will still go toward much-needed campus improvements—such as upgrades to electrical grids and the construction of new buildings—while the remaining $96 million will help fund operational needs, including payroll, student services, and academic programming.
Interim TSU President Dwayne Tucker hailed the deal as a critical step forward.
“It not only provides crucial cash flow to ensure the university’s financial sustainability, but also allows us to invest in enriching the student experience and strengthening our capacity to attract both students and qualified employees,” said Tucker.
Last November, the State Building Commission already approved an emergency $43 million allocation from the capital funds to help TSU meet payroll and finish the budget year.
State Comptroller Jason Mumpower, who has been closely monitoring the university’s financial challenges, expressed confidence in TSU’s new leadership and supported the tuition hike.
“I believe in their ability to understand and navigate the institution’s challenges,” said Mumpower, who previously suggested controversial cost-cutting ideas like selling the university’s Avon Williams Campus and land at John Tune Airport—proposals that TSU firmly rejected.
Tensions between TSU and the state escalated last year after a spike in enrollment strained the university’s resources. At its peak in Fall 2022, enrollment surged to over 8,000 students. To accommodate them, TSU resorted to housing students in nearby hotels and churches, prompting state Senate hearings and eventually contributing to the resignation of then-President Glenda Glover.
The university’s aggressive scholarship program, funded by $37 million in COVID-era federal relief grants, had driven the enrollment boom. But once the federal money dried up, TSU struggled to maintain the same level of support. It relied on other sources, including $19.6 million in tornado insurance funds, to stay afloat.
Amid these financial strains, leadership changes followed. After Glover’s departure, an interim president stepped in but later resigned when it was revealed he had signed two $800,000 consulting contracts with Glover—further shaking confidence in the university’s governance.
Now, with a new agreement in place and fresh leadership at the helm, TSU is aiming for a reset. The university is also advocating for additional funding, pointing to long-standing underfunding issues. A federal study found TSU was shortchanged by $2.1 billion over the past 30 years, echoing a previous state report citing a $544 million gap over a century.
With the new deal, TSU looks to stabilize its finances, improve campus infrastructure, and continue its mission to serve as a vital educational institution for Tennessee’s Black community and beyond.
Events
Jadakiss Takes Philly by Storm for Elevation Project’s 10th Anniversary Nice Guy Festival

On June 21st, Philadelphia’s Parkside neighborhood was buzzing with energy, community, and celebration as Elevation Project 215 marked a major milestone — their 10th Anniversary — with the 4th Annual Nice Guy Community Festival. This wasn’t just any festival; it was a vibrant, free event packed with resources, culture, and one unforgettable headline performance.
Founded by LaTrista T. Webb, a proud Southern University at New Orleans alumna, and James Smith, a respected entrepreneur and reentry advocate, Elevation Project has dedicated a decade to empowering Philly’s communities through outreach, mentorship, and uplifting programming. The Nice Guy Festival is the perfect reflection of their mission — bringing people together to celebrate resilience, brotherhood, and healing.
The festival featured a host of free services including a market stocked with essentials, wellness and self-care stations specially designed for men, and an array of local food trucks and vendors serving delicious eats. Many talented local artists also took part, showcasing Philly’s rich creative spirit and adding to the festival’s vibrant atmosphere. The spirit of giving back was palpable, with community members connecting, supporting one another, and embracing a day of unity.
The highlight of the event was the live concert featuring hip-hop legend Jadakiss, who brought the heat with a powerful set, reminding everyone why he’s not only a rap icon but also a successful businessman behind brands like Kiss Cafe Coffee and Juices for Life. His performance was a call to uplift culture and community, perfectly aligning with the spirit of Elevation Project.
This festival showed that true community empowerment comes from consistent effort, authentic connection, and bold celebration. Elevation Project’s 10 years of impact were on full display — and with leaders like LaTrista and James at the helm, the future looks brighter than ever.
Stay tuned for more events, stories, and ways to get involved with Elevation Project 215. Philly is rising — and the Nice Guy Festival is leading the way.
HBCU ORIGINAL
HBCU Stars Shine in Eugene at NCAA 2025

🏅 HBCU Stars Shine in Eugene at NCAA 2025
The 2025 NCAA Outdoor Track & Field Championships brought the best of the best to Hayward Field in Eugene, Oregon—and HBCU athletes rose to the occasion. Here’s how they placed in the finals:
🥉 Jordan Pierre (University of Arkansas‑Pine Bluff)
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Event: Men’s 400 m
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Final Placement: 3rd Place – 45.75 seconds
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Achievement: First Team All‑America
💪 Jarrett Gentles (Coppin State University)
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Event: Men’s 400 m Hurdles
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Final Placement: 9th Overall
🥉 Marcia Sey (Howard University)
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Event: Women’s 100 m Hurdles
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Final Placement: 3rd Place – 12.93 seconds
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Achievement: First Team All‑America and highest NCAA finish in Howard’s track history
🏃♀️ Howard Women’s 4×100 m Relay
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Team Members: Kailei Collins, Marcia Sey, Tiffani‑Rae Pittman, Aiyana Gray‑Williams
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Final Placement: 6th Place – 43.23 seconds
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Achievement: First Team All‑America
📊 Quick Recap
Athlete / Team | Event | Final Result | Honors |
---|---|---|---|
Jordan Pierre (UAPB) | 400 m | 🥉 3rd Place | First Team All-America |
Jarrett Gentles (Coppin State) | 400 m Hurdles | 9th Place | – |
Marcia Sey (Howard) | 100 m Hurdles | 🥉 3rd Place – 12.93s | First Team All-America |
Howard 4×100 Relay | 4×100 m | 6th Place – 43.23s | First Team All-America |
Events
Breakdown: 26 Cities with Major Juneteenth Celebrations

📍 Breakdown: 26 Cities with Major Juneteenth Celebrations
Southeast:
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Atlanta, GA – Huge parade, live music, family zone
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Memphis, TN – Festival on the Mississippi + fireworks
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Orlando, FL – Juneteenth 5K & educational symposiums
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Charlotte, NC – Vendor village + youth storytelling
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New Orleans, LA – Food, music, culture by the bayou
Northeast:
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Philadelphia, PA – Historic AAMP exhibits & gospel showcase
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Baltimore, MD – Spoken word, storytelling & street festival
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New York, NY – Broadway block party + family market
Midwest:
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Chicago, IL – Annual Juneteenth Parade & picnic
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Detroit, MI – Wellness walks, cultural talks, food trucks
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Cleveland, OH – Outdoor movie night + music
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St. Louis, MO – Educational workshops + parade
South:
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Houston, TX – Celebrating at historic Emancipation Park
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Dallas, TX – Deep Ellum block party & poetry
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Birmingham, AL – Health & wealth expos
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Jackson, MS – Family freedom fest + Black-owned vendors
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Louisville, KY – Parade + Black Wall Street event
West Coast & Beyond:
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Los Angeles, CA – Grand Park celebration, Black culture exhibits
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Oakland, CA – Freedom Festival & economic empowerment fair
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San Francisco, CA – Parade across Fillmore
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Denver, CO – Street fair, live jazz, unity march
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Seattle, WA – Community rally & soul food
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Phoenix, AZ – HBCU alumni cookout & music
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Minneapolis, MN – Youth dance & spoken word
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Columbus, OH – Citywide Juneteenth march
🎓 HBCUs at the Center
Many of these celebrations include HBCU marching bands, alumni chapters, student orgs, and vendor booths. From performances to education panels, HBCUs continue to be pillars in preserving the legacy of Juneteenth.
🔗 Join the Movement
📷 Tag @THEHBCUORIGINAL
🏷️ Hashtags: #HBCUJuneteenth #Juneteenth2025 #BlackFreedom
Events
🖤 What is Juneteenth? Celebrating Black Freedom & Culture

Juneteenth—short for June Nineteenth—is the oldest nationally celebrated commemoration of the end of slavery in the United States. On June 19, 1865, more than two years after President Abraham Lincoln issued the Emancipation Proclamation, Union Major General Gordon Granger arrived in Galveston, Texas, with federal troops and issued General Order No. 3, announcing that all enslaved people were free.
For the estimated 250,000 Black people still enslaved in Texas, this was the first time they were told of their freedom. While freedom had been the law since January 1, 1863, it wasn’t enforced in remote Confederate states like Texas until Union troops physically arrived.
But Juneteenth is more than a date.
It’s a spiritual and cultural milestone. It represents:
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Delayed justice, but not denied dignity.
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A collective awakening to freedom.
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The beginning of a new fight—for land, civil rights, and equity.
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The power of Black resilience, community, and culture.
Since its origin, Juneteenth has evolved from small family cookouts and church gatherings into nationwide celebrations filled with festivals, education, music, and activism. In 2021, it was officially recognized as a federal holiday, a testament to generations of Black voices demanding that America remember and respect this part of its history.
Juneteenth and Slavery in Texas
In Texas, slavery had continued as the state experienced no large-scale fighting or significant presence of Union troops. Many enslavers from outside the Lone Star State had moved there, as they viewed it as a safe haven for slavery.
After the war came to a close in the spring of 1865, General Granger’s arrival in Galveston that June signaled freedom for Texas’s 250,000 enslaved people. Although emancipation didn’t happen overnight for everyone—in some cases, enslavers withheld the information until after harvest season—celebrations broke out among newly freed Black people, and Juneteenth was born. That December, slavery in America was formally abolished with the adoption of the 13th Amendment.
The year following 1865, freedmen in Texas organized the first of what became the annual celebration of “Jubilee Day” on June 19. In the ensuing decades, Juneteenth commemorations featured music, barbecues, prayer services and other activities, and as Black people migrated from Texas to other parts of the country the Juneteenth tradition spread.
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